HANGZHOU, Nov. 23 (Xinhua) -- The second Global Digital Trade Expo opened in Hangzhou, Zhejiang Province, on Nov. 23, and at the opening ceremony, the Ministry of Commerce released the China Digital Trade Development Report 2022, a report on China's digital trade development. The report shows that in 2022, China's import and export value of digitally deliverable services was 372.71 billion U.S. dollars, up 3.4 percent year-on-year, the scale of another record high. Among them, exports amounted to 210.54 billion U.S. dollars, a year-on-year increase of 7.6%.
At present, the new round of scientific and technological revolution and industrial change is advancing rapidly, and digital trade with data as the key production factor, digital services as the core, and digital ordering and delivery as the main feature is flourishing, which is gradually becoming a key force to reorganize the factor resources, reshape the economic structure, and reconfigure the competitive pattern, and driving the global industrial chain supply chain value chain to accelerate the integration and optimization and significantly reduce the trade cost, and injecting new impetus for the recovery and growth of the global economy. The report shows that, according to the statistics of the World Trade Organization (WTO)
According to the report, according to the World Trade Organization, the global export value of digitally deliverable services in 2022 will be 4.1 trillion U.S. dollars, with a year-on-year growth of 3.4 percent, accounting for 57.1 percent of the global service exports. 2012-2022, the global export value of digitally deliverable services will grow at an average annual rate of 6.1 percent, which will be higher than the average annual growth rate of the global service exports in the same period by 1.6 percentage points. Percentage points.
The report analyzes that the global competitiveness of China's digital trade is constantly improving, digital leading enterprises are constantly getting bigger and stronger, and digital platform enterprises are forming the "geese formation" for going overseas. By the end of 2022, China's market value of more than 1 billion U.S. dollars of digital service platform enterprises has exceeded 200. These digital service platforms are becoming important hubs connecting international trade, as well as important carriers helping enterprises deeply integrate into the global supply chain.
At the same time, China's digital trade foreign investment "magnetic attraction" continued to strengthen. 2022, China's high-tech industry actual use of foreign capital 444.95 billion yuan, an increase of 28.3%, of which the electronic and communications equipment manufacturing, scientific and technological achievements transformation services, information services, respectively, 56.8%, 35%, 21.3%. A group of foreign-funded digital enterprises, targeting application scenarios such as China's retail industry, medical and healthcare, intelligent Internet-connected vehicles, and green innovation and development, have carried out extensive cooperation with Chinese enterprises, promoting a series of digital service solutions to land in China, and assisting local enterprises in realizing digital transformation and digital innovation.
It is reported that the China Digital Trade Development Report 2022 is commissioned by the Department of Trade in Services and Business Services of the Ministry of Commerce to be compiled by the China Center for International Economic Exchanges (CCEIEX), with the aim of analyzing in depth the current status of China's digital trade development in the year 2022, its practice and future development direction, in order to strengthen the situation research and judgement, and to provide a useful reference for grasping the new opportunities for digital development, promoting the reform and innovation of digital trade, plotting the path of cooperation, and rallying international consensus. Reference.